The Government of Krasnodar Region for the second time will review the income and expenditure budget for 2009. This writes the newspaper "Vedomosti".
Amendments to the budget will be considered zaksobraniem Krai on 25 March. Income and expenditure budget is projected to decline to 94,497 billion and 98,919 billion rubles, respectively.
In the first version, adopted in November 2008, planned revenues of $ 105 billion rubles, expenses - 106.4 billion rubles. The budget deficit amounted to 1,4 billion rubles. In February 2009, costs were increased by 2,8 percent, and the deficit grew to three times - up to 3,2 billion rubles. If the new amendments are adopted, the income of the region will drop to 7.5 per cent, while expenses - at 10.6 percent.
Previously, it was reported that the Government of Samara region has reduced the budget by a third area in 2009. The reason for this decision was the drop in charges of tax businesses for the first months of 2009 by 50 percent. In particular, we are talking about "AvtoVAZ", which provides about one-quarter income area. The economy of Krasnodar region is much stronger diversified, but the authorities decided perestrahovatsya edges, as well as the expected significant reduction in revenue from income tax.
Recall that the Russian government on 19 March approved the adjusted budget for 2009. For the first time in eight years, it will be scarce - the deficit will be 7.4 percent of GDP. Following the adoption of the federal budget to reduce their costs and began to Russian regions.
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